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Real Estate

Mason-McDuffie Mortgage helps San Francisco nuns threatened with eviction

Starts GoFundMe account

Mason-McDuffie Mortgage Corporation set up a GoFundMe account to help two San Francisco Bay Area nuns that are being threatened with eviction from the residence they use to feed the homeless due to a rent increase.

According to an article in The San Francisco Chronicle, the sisters of the Fraternite Notre Dame Mary of Nazareth Soup Kitchen have devoted the past eight years to feeding the homeless, with their only income being what they eke out from selling handmade pastries at farmers’ markets.

From the article:

The nuns are in danger of becoming as homeless as the downtrodden folks they help — the landlord is evicting them. He raised their rent by more than 50%, they can’t afford it, and the lawyers are fighting it out.

It looks like the nuns have about one month before they must hit the bricks. And practically everyone whose lives they have touched is incensed, from the hungry homeless to those who run other nonprofits.

The description on the GoFundMe page reads:

We feel in our hearts that this is absolutely unjust and we want to help the nuns out as best we can. As a company, we want to put up 5% of their rent increase for the next 12 months, along with our CIO Jason Frazier who has personally volunteered to do the same. At this rate, we only need 18 more people to entirely cover the cost of their rent increase for the next year.

At the time of publication, the account already raised $6,505 of its $24,000 goal. 

Mason-McDuffie was featured in HousingWire's 2015 October issue, which talks about the company's new lending paradigm. 

3d rendering of a row of luxury townhouses along a street

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